$3,300,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $19,048/month

Total Views 2,399
4 Beds
3 Baths
2,200 Sq Ft
$1,500 Price per Sq Ft

Highlights

  • Ocean View
  • Fishing
  • No HOA
  • Newport Elementary School Rated A
  • Main Floor Primary Bedroom
  • 1 Car Direct Access Garage

About This Home

Legal non-conforming triplex with active short-term rental permits—just steps from the surf and sand. This rare investment opportunity features a 2-bedroom/1-bath and two 1-bedroom/1-bath units, each with its own washer and dryer. All residences have been stylishly upgraded with new kitchens, bathrooms, flooring, plumbing, and roof, and are move-in ready whether used as rentals or personal retreat. Parking includes a one-car garage plus two additional spaces. With no streets to cross to reach the beach and the pier, park, and bay only a block away, the location offers unbeatable convenience and lifestyle appeal.

Listing Agent

Laura Quinn

Corona Del Mar Properties Inc Brokerage Phone: 949-836-0705 License #01965058 Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,620

Year Built

  • Built in 1928

Lot Details

  • 2,614 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Peek-A-Boo
  • Neighborhood

Home Design

  • Triplex
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Living Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 / 18
  • Tax Tract Number 515
  • Assessor Parcel Number 04717303
  • $542 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Balboa Peninsula Subdivision

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,620

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 04717303
  • Year Built: 1928
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2200.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1500.00
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Window Features: Skylight(s)
  • Bathroom Features: Shower, Exhaust Fan(s), Remodeled, Upgraded, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood, Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Park, Watersports, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 628.00
  • Tax Lot: 18
  • Tax Tract Number: 515
  • TaxOtherAnnualAssessmentAmount: 542.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,620 $1,752,483 $1,712,742 $39,741
2024 $18,620 $1,718,121 $1,679,159 $38,962
2023 $19,030 $1,684,433 $1,646,234 $38,199
2022 $18,922 $1,651,405 $1,613,955 $37,450
2021 $18,850 $1,619,025 $1,582,309 $36,716
2020 $18,581 $1,602,424 $1,566,084 $36,340
2019 $18,344 $1,571,004 $1,535,376 $35,628
2018 $18,079 $1,540,200 $1,505,270 $34,930
2017 $6,289 $420,553 $380,062 $40,491
2016 $6,199 $412,307 $372,609 $39,698
2015 $6,159 $406,114 $367,012 $39,102
2014 $6,035 $398,159 $359,822 $38,337
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $3,300,000 +118.5% $1,500 / Sq Ft
05/11/2017 05/11/17 Sold $1,510,000 -5.3% $1,466 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $1,595,000 -- $1,549 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,510,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,260,000 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25186414

California Regional Multiple Listing Service (CRMLS)

APN: 047-173-03